STMicroelectronics (STM)

• Market cap: $23.1B
• 1 day: 1.50%
• 5 days: 5.79%
• 1 month: 1.90%
• 3 months: -6.12%
• 6 months: -38.71%
• Year to date: 5.97%
• 1 year: -43.19%
• 5 years: -7.27%
• 10 years: 220.27%

About: A merger between Italian firm SGS Microelettronica and the nonmilitary business of Thomson Semiconducteurs in France formed STMicroelectronics in 1987. STMicroelectronics is a leader in a variety of semiconductor products, including analog chips, discrete power semiconductors, microcontrollers, and sensors. It is an especially prominent chip supplier to the industrial and automotive industries.

Employees: 51,323

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

1.07% more ownership

Funds ownership: 7.25% [Q2] → 8.32% (+1.07%) [Q3]

7% less funds holding

Funds holding: 348 [Q2] → 322 (-26) [Q3]

11% less repeat investments, than reductions

Existing positions increased: 101 | Existing positions reduced: 114

14% less capital invested

Capital invested by funds: $2.58B [Q2] → $2.22B (-$358M) [Q3]

25% less first-time investments, than exits

New positions opened: 53 | Existing positions closed: 71

27% less call options, than puts

Call options by funds: $149M | Put options by funds: $204M

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $30 17% upside
• Avg. target: $33 28% upside
• High target: $36 40% upside

3 analyst ratings

• positive: 2 67%
• neutral: 1 33%
• negative: 0 0%

Susquehanna Christopher Rolland 48% 1-year accuracy 75 / 156 met price target	28% upside $33	Positive Maintained	21 Nov 2024
Baird Tristan Gerra 40% 1-year accuracy 10 / 25 met price target	17% upside $30	Neutral Maintained	1 Nov 2024
Craig-Hallum Anthony Stoss 46% 1-year accuracy 16 / 35 met price target	40% upside $36	Buy Maintained	31 Oct 2024